Not much time has passed since the electromobile company Tesla put out its long-awaited Model 3 on sale, and now we hear another loud announcement from Elon Musk. Tesla has introduced the 5th vehicle in its line and the 2nd mass-market car during the conference in Los Angeles - Model Y. Source: TeslaThe new cars will be available for sale either in the spring of 2020 or in the autumn of 2021. As usual, the customers will be able to choose between the two versions of the car: a standardized one and a long-range one, plus there is a bonus. The former (standard version) is able to travel 230 miles without a recharge. It accelerates from 0 to 60 miles per hour in 5.9 seconds, its maximum speed is 120 miles per hour. This is the cheapest car among the others, the starting price is 39 thousand dollars. However, the vehicle will be available for sale only in 2021. The long-range Model Y is capable of travelling 300 miles without a recharge, takes 5.5 seconds to reach a speed of 60 miles per hour, and the maximum speed is 130 miles per hour. It is going to retail for 47 thousand dollars. It will be the first car to come out, you will be able to purchase it in 2020. Moreover, Tesla announced its more upgraded development - Performance. This Model Y Tesla can accelerate from 0 to 60 miles per hour in only 3.5 seconds. Its maximum speed is 150 miles per hour and it will travel 280 miles without a recharge. This car will retail for whopping 60 thousand dollars and will also be put on sale in 2020 together with the long-range Model Y.The design of Model Y is pretty similar to Model 3, furthermore, these two vehicles share 70% of the same technological components.Elon Musk is quite proud of his brand new “child”.

“It has the functionality of an SUV, but it will ride like a sports car. So this thing will be really tight on corners,” he said.

Tesla’s CEO also claimed that Model Y is going to be the safest midsize sports utility vehicle, which will definitely provide for high evaluation from the customers. We will have to see about that given the fact that Musk said similar things about Model 3, and one of such cars got involved in a serious car accident only a few days after it had been put out for sale. Subscribe to The Coin Shark news in Facebook: https://www.facebook.com/coinshark/